facebook
Traded Co logo
Submit

Kenneth Stevens Custom Homes Acquires Single Family Property In Weston, MA For $3.5M

Property Image
SOLD
$3,500,000
Kathryn Alphas Richlen
+ 1

Massachusetts

See Similar Deals
Single Family Residence7,714 SF
Sold 04/02/2021
the dealplayerscompscontact
Property Image
SOLD

Kenneth Stevens Custom Homes Acquires Single Family Property In Weston, MA For $3.5M

16 Driftwood Lane, Weston, MA, USA

See Similar Deals
Single Family Residence7,714 SF
Sold 04/02/2021
Kathryn Alphas Richlen
+ 1
Contact now

Summary

MASSACHUSETTS
Asset Type:Single Family Residence
Price Per Square Foot:$453
Total Square Footage:7,714 SF
Transaction Type:Sale

A single-family home located at 16 Driftwood Ln in Weston, MA recently sold for a price of $3,500,000. The property spans 7,714 square feet and sits on a generous 2.15-acre lot. This transaction reflects a price per square foot of $454 and a price per acre of $1,627,906. The sale took place on April 2, 2021.

Summary of transation details

  • Property Type: Single Family
  • Transaction Amount: $3,500,000
  • Address: 16 Driftwood Ln, Weston, MA
  • Market: Weston, MA
  • Square Footage: 7,714
  • Price per Square Foot: $454
  • Acreage: 2.15
  • Price per Acre: $1,627,906

The sellers of the property were David Ortiz and Tiffany Ortiz. On the buyer's side, Kenneth Stevens of Kenneth Stevens Custom Homes and Deborah Stevens acquired the home. The sale was facilitated by Melissa Dailey and Kathryn Alphas Richlen of Coldwell Banker Realty, who represented both parties in the transaction.

Players

Kathryn Alphas Richlen
4 deals$16.8M volume(781) 507-1650
BROKER

Melissa Dailey
Coldwell Banker
7 deals$22.2M volume
BROKER


3 deals$14.1M volume
SELLER

Details

SOLD
IMAGE: Melissa Dailey, David Ortiz, Tiffany Ortiz & Kathryn Alphas Richlen DATE: 04/02/2021 ADDRESS: 16 Driftwood Ln MARKET: Weston, MA ASSET TYPE: Single Family SELLER: David Ortiz & Tiffany Ortiz BUYER: Kenneth Stevens - Kenneth Stevens Custom Homes, & Deborah Stevens BROKERS: Melissa Dailey & Kathryn Alphas Richlen - Coldwell Banker Realty SALE PRICE: $3,500,000 SF: 7,714 PPSF: $454 ACRES: 2.15 PPA: $1,627,906

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$186,666.67

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$12,434.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$16,591.79
Annual Debt Service$199,101.43